Analysts expect Johnson Controls International PLC (NYSE:JCI) to post $0.87 earnings per share for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for Johnson Controls International PLC’s earnings. The highest EPS estimate is $0.88 and the lowest is $0.86. Johnson Controls International PLC posted earnings per share of $1.21 during the same quarter last year, which would indicate a negative year-over-year growth rate of 28.1%. The company is scheduled to announce its next earnings results before the market opens on Thursday, November 9th.

According to Zacks, analysts expect that Johnson Controls International PLC will report full-year earnings of $2.61 per share for the current fiscal year, with EPS estimates ranging from $2.60 to $2.62. For the next financial year, analysts forecast that the firm will report earnings of $2.95 per share, with EPS estimates ranging from $2.89 to $3.00. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that cover Johnson Controls International PLC.

Johnson Controls International PLC (NYSE:JCI) last announced its quarterly earnings data on Thursday, July 27th. The auto parts company reported $0.71 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.71. The business had revenue of $7.67 billion for the quarter, compared to the consensus estimate of $7.72 billion. Johnson Controls International PLC had a negative net margin of 0.43% and a positive return on equity of 11.74%. The company’s quarterly revenue was up 48.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.07 earnings per share.

Several equities analysts recently issued reports on JCI shares. Wolfe Research started coverage on Johnson Controls International PLC in a research report on Tuesday, July 11th. They issued a “market perform” rating on the stock. Morgan Stanley cut their target price on Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating on the stock in a research report on Monday, August 7th. BidaskClub downgraded Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Zacks Investment Research raised Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research report on Monday, September 11th. Finally, Cowen and Company reissued a “buy” rating and issued a $48.00 target price on shares of Johnson Controls International PLC in a research report on Wednesday, September 27th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $48.71.

In other news, VP Jeffrey M. Williams sold 1,955 shares of the stock in a transaction dated Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total transaction of $80,995.65. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.48% of the company’s stock.

Several hedge funds have recently bought and sold shares of JCI. Teachers Advisors LLC boosted its stake in shares of Johnson Controls International PLC by 4.3% during the 1st quarter. Teachers Advisors LLC now owns 1,645,194 shares of the auto parts company’s stock worth $69,296,000 after acquiring an additional 67,729 shares in the last quarter. Janus Capital Management LLC boosted its stake in shares of Johnson Controls International PLC by 80.3% during the 1st quarter. Janus Capital Management LLC now owns 1,032,903 shares of the auto parts company’s stock worth $43,506,000 after acquiring an additional 460,087 shares in the last quarter. FNY Partners Fund LP purchased a new stake in shares of Johnson Controls International PLC during the 1st quarter worth about $210,000. Park National Corp OH boosted its stake in shares of Johnson Controls International PLC by 0.3% during the 2nd quarter. Park National Corp OH now owns 384,843 shares of the auto parts company’s stock worth $16,687,000 after acquiring an additional 1,119 shares in the last quarter. Finally, First PREMIER Bank boosted its stake in shares of Johnson Controls International PLC by 366.2% during the 2nd quarter. First PREMIER Bank now owns 3,361 shares of the auto parts company’s stock worth $146,000 after acquiring an additional 2,640 shares in the last quarter. 86.04% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International PLC (NYSE:JCI) opened at 41.62 on Monday. The stock’s market cap is $38.81 billion. Johnson Controls International PLC has a 52 week low of $36.74 and a 52 week high of $46.17. The company’s 50 day moving average is $40.41 and its 200 day moving average is $41.16.

The company also recently announced a quarterly dividend, which was paid on Friday, October 13th. Stockholders of record on Monday, September 25th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.40%. The ex-dividend date of this dividend was Friday, September 22nd. Johnson Controls International PLC’s payout ratio is currently -196.08%.

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Johnson Controls International PLC Company Profile

Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.

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Earnings History and Estimates for Johnson Controls International PLC (NYSE:JCI)

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